OPEC Exports To The U.S. Continue To Decline
In the latter half of last year, we highlighted how Saudi deliveries to Motiva’s Port Arthur refinery had been surpassed by Iraqi barrels for the first time on our records. Continue Reading
Saudi Aramco international share sale might never happen: Kemp
LONDON (Reuters) – (John Kemp is a Reuters market analyst. The views expressed are his own.) Saudi Aramco’s [IPO-ARAM.SE] partial privatization has loomed over the oil market for the last Continue Reading
Oil cash set to boost Saudi Arabia’s sovereign wealth fund
Saudi Arabia is set to use surplus oil revenues to bolster the financial firepower of its $230bn sovereign wealth fund, shifting additional billions into the vehicle spearheading Crown Prince Mohammed Continue Reading
IMF opposes budget, putting billions in financing at risk
The International Monetary Fund (IMF) is throwing its weight behind objections raised by the autonomous Kurdistan region over Iraq’s 2018 budget – a dispute that now threatens Baghdad’s ability to Continue Reading
Colombia jumps into Latam oil auction wave, to award blocks in April
Colombia plans to award up to 15 oil blocks next month and will begin routinely offering onshore and offshore areas for exploration and production in May, the head of the Continue Reading
Colombia to export 13.8 mil barrels of crude in March, down 11% from Feb: program
Colombia is expected to export 13.8 million barrels of crude in March, 11% less than February, according to a preliminary loading program seen by S&P Global Platts Friday. About 4.5 Continue Reading
Mattershift scales up CNT membranes; potential for zero-carbon fuels for less than fossil
Startup Mattershift says it has achieved a breakthrough in making carbon nanotube (CNT) membranes at large scale. The startup is developing the technology’s ability to combine and separate individual molecules Continue Reading
New York governor requests to exclude state from offshore drilling program
New York Governor Andrew Cuomo on Friday said he had formally asked for the state to be excluded from a federal offshore drilling program that he said would threaten its Continue Reading
U.S. Employers Added 313,000 Jobs in February
Robust hiring is drawing people into the U.S. labor market, a healthy mix that suggests the economy can run strong without overheating and forcing the Federal Reserve to curb growth Continue Reading
Auto Industry’s Cure for Electric Car Blues: Be More Like Tesla
It took six years for Ford Motor Co. F 1.13% to sell 8,700 electric Focus small cars. It takes just three days to sell as many gasoline-powered F-Series pickup trucks. Continue Reading